Eric reaches in his back pocket and holds up a fistful of lottery tickets. Megan looks at the lottery tickets and then back to the crib.

Megan: (Looking into the crib) Well, it's obvious he didn't get his Ph.D. brain from you.

ANIMATION SEGMENT — Segue in from live action open

Junior's education is worth more than a gamble. That dream has to be protected—especially if Eric should pass away before he and Megan can save enough to pay for it like they want to. Life insurance can provide the protection their kids deserve.

For example, since they have a newborn and a 3-year-old, they could buy a 20-year Term life insurance policy that would pay a death benefit of $400,000. This can help ensure both kids' have money for a college education.

Term life insurance is the least expensive coverage Eric can buy because it provides shorter-term protection. As an alternative, Permanent insurance, like whole life or universal life insurance, can guarantee protection for his entire lifetime and also build cash value that can be borrowed or withdrawn.

So they can help protect their kids' dreams for college if Eric dies, while providing access to cash value that can help pay for college if he doesn't.

LIVE ACTION SEGMENT — ACTOR PLAYED

Resolution:

Eric: Ok, maybe life insurance is a better idea.

The baby's little hand reaches up and gives the thumbs up. The expressions of Megan and Eric change from surprise to agreement

Loans or partial withdrawals can reduce the policy's cash value and death benefit, can increase the possibility of policy lapse and may result in a tax liability. Consult a tax advisor for additional information on the tax treatment of loans or withdrawals from a life insurance policy.